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Wednesday, October 6, 2010

FOREX TRADING - GBPUSD October 6 ,2010 - Midday Report

Wednesday, October 6, 2010
FOREX TRADING - GBPUSD October 6 ,2010 - Midday Report
GBP USD - gbp/usd
Great British Pound (GBP)
Midday Report
GBP
Cable neared the support for the minor ascending channel that inclined to 1.5890, while clear negativity persists on momentum indicators. The 50 MA supports the pair’s downward journey and thus our morning expectations remain intact as long as the four-hour closing

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